A Summary of the UK Peatland Code

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Summary presentation providing an overview of the UK Peatland Code. For more information, visit: http://www.iucn-uk-peatlandprogramme.org/peatland-gateway/uk/peatland-code

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A Summary of the UK Peatland Code

  1. 1.  The voluntary standard for peatland restoration projects in the UK that want to be sponsored on the basis of their climate and other benefits  Guidance for restoration projects  Assurance for sponsors  In pilot phase (2013-2015)  Not an offsetting scheme www.iucn-uk-peatlandprogramme.org/peatland- gateway/uk/peatland-code Summary
  2. 2. Development  IUCN Peatland conference, Stirling 2011  Report for EMTF: ranked their top opportunity  Highlighted in Defra’s PES Action Plan  National Action Plan & Committee on Climate Change: “key priority”  Joint ministerial statement, 2013  Code developed via Valuing Nature Network project and Defra PES Pilot
  3. 3. Governance  Owned by IUCN UK Peatland Programme  Steering group chaired by Paul Vaight:  Government departments and agencies for UK and devolved administrations  Environmental NGOs  Landowners  Business  Research  Defra-funded R&D project to support pilot phase managed by selected steering group members
  4. 4. Why is business interested?  Reduce costs (some sectors)  Demonstrate responsibility towards environment  In future, meet environmental obligations  Promote brands & product lines linked to peat Restoration on Exmoor funded by South West Water
  5. 5. How much will it cost? Note: these figures are based on average figures from across the UK
  6. 6. How will it work for landowners?  30 year contracts during pilot phase: a barrier?  Negotiate price with sponsor  Bi-laterally or via brokers  Cover costs of work plus maintenance payments – no set rate, to be agreed between buyer and seller Submit Expression of Interest to Steering Group Project Design Document Contracts and project implementation Payment: lump sum up front or annual payments
  7. 7. www.iucn-uk-peatlandprogramme.org/peatland- gateway/uk/peatland-code
  8. 8. Video

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